by InfluencER | Jul 22, 2020 | Production
According to Oklahoma City TV Station, KWTV Oklahoma regulators have imposed a fine of $541,000 on a medical marijuana processor called Moon Mix LLC. The producer allegedly sold contaminated marijuana products that tested positive for harmful pesticides earlier this...
by InfluencER | Jul 22, 2020 | Production
The Canadian cannabis producer Organigram Holdings reported a continued loss pointing to the third-quarter slide in net revenue for 2020. Organigram previously warned investors about the revenue decrease for the quarter that ended May 31 as their revenue is down by...
by InfluencER | Jul 21, 2020 | Production
According to a press release from Texas Original Compassionate Cultivation (TOCC), they have officially closed a $5.1 million Series A financing. The financing round was led by Viridian Capital Advisors, through broker-dealer Pickwick Capital Partners. The move by...
by InfluencER | Jul 15, 2020 | Investors, Production
The German cannabis market is currently experiencing major shakeups during the summer of 2020. Marijuana distributor licenses proliferate as specialty distribution has become unsustainable. Also, the rest of the industry will be under further pressure to reduce...
by InfluencER | Jul 14, 2020 | Investors, Production
Canopy Growth Corp. reports that it has laid off another 30 employees as part of its corporate restructuring, during the coronavirus pandemic. Jordan Sinclair, the company’s vice president of communications, said in a statement; “The layoffs that affected operations...
by InfluencER | Jul 13, 2020 | Production
According to Cannabis Magazine editor, Oren Lebovitch, Israel has imported more than 6 metric tons of cannabis flower into the country, making Isreal Israel has officially the largest importer of medicinal cannabis in 2020. Many cannabis manufacturers see Israel as a...